Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$227M |
| 2 |
Microsoft
MSFT
|
+$183M |
| 3 |
Meta Platforms (Facebook)
META
|
+$179M |
| 4 |
PepsiCo
PEP
|
+$149M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$138M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$243M |
| 2 |
LVLT
Level 3 Communications Inc
LVLT
|
+$163M |
| 3 |
KITE
Kite Pharma, Inc.
KITE
|
+$85.5M |
| 4 |
SFR
Starwood Waypoint Homes
SFR
|
+$45.3M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.85% |
| 2 | Financials | 16.38% |
| 3 | Healthcare | 13.22% |
| 4 | Industrials | 10.47% |
| 5 | Consumer Discretionary | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
Enovis
ENOV
$1.53B
| $31.7M | 0.01% |
464,321
+4,738
| +1% | +$319K |
|
952
Nexstar Media Group
NXST
$5.97B
| $31.6M | 0.01% |
403,982
+11,764
| +3% | +$790K |
|
|
RPAI
953
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $31.6M | 0.01% |
2,348,761
+12,826
| +0.5% | +$167K |
|
954
Vishay Intertechnology
VSH
$5.43B
| $31.6M | 0.01% |
1,520,550
-43,681
| -3% | -$933K |
|
955
Cinemark Holdings
CNK
$4.32B
| $31.3M | 0.01% |
899,419
+18,979
| +2% | +$673K |
|
956
Selective Insurance
SIGI
$5.73B
| $31.2M | 0.01% |
531,432
-26,559
| -5% | -$1.54M |
|
957
Sarepta Therapeutics
SRPT
$1.77B
| $31.1M | 0.01% |
559,456
+13,631
| +2% | +$722K |
|
958
Texas Roadhouse
TXRH
$13.7B
| $31.1M | 0.01% |
590,462
+8,303
| +1% | +$420K |
|
959
Moog Inc Class A
MOG.A
$12.8B
| $31.1M | 0.01% |
357,572
-10,114
| -3% | -$868K |
|
|
PSB
960
DELISTED
PS Business Parks, Inc.
PSB
| $31M | 0.01% |
247,825
-1,452
| -0.6% | -$192K |
|
|
TWOU
961
DELISTED
2U Inc
TWOU
| $30.9M | 0.01% |
15,982
+842
| +6% | +$1.58M |
|
|
CMD
962
DELISTED
Cantel Medical Corporation
CMD
| $30.9M | 0.01% |
300,318
-4,524
| -1% | -$451K |
|
|
COR
963
DELISTED
Coresite Realty Corporation
COR
| $30.8M | 0.01% |
270,320
+4,658
| +2% | +$531K |
|
964
Flowers Foods
FLO
$1.57B
| $30.6M | 0.01% |
1,586,858
+56,712
| +4% | +$1.09M |
|
|
VR
965
DELISTED
Validus Hold Ltd
VR
| $30.5M | 0.01% |
650,337
+7,886
| +1% | +$390K |
|
966
Spire
SR
$4.85B
| $30.4M | 0.01% |
404,661
+10,786
| +3% | +$837K |
|
967
UMB Financial
UMBF
$11.1B
| $30.4M | 0.01% |
422,435
+12,220
| +3% | +$898K |
|
968
COPT Defense Properties
CDP
$4.21B
| $30.3M | 0.01% |
1,038,513
+38,185
| +4% | +$1.2M |
|
969
Avista
AVA
$3.24B
| $30.3M | 0.01% |
588,888
+2,627
| +0.4% | +$136K |
|
|
LGF.B
970
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $30.3M | 0.01% |
953,738
+31,675
| +3% | +$950K |
|
|
PTLA
971
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $30.2M | 0.01% |
620,913
+44,612
| +8% | +$2.26M |
|
|
STAY
972
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $30.2M | 0.01% |
1,590,146
+18,570
| +1% | +$346K |
|
973
KB Home
KBH
$3.59B
| $30.2M | 0.01% |
944,104
-77,846
| -8% | -$2.24M |
|
974
Core Laboratories
CLB
$521M
| $30.1M | 0.01% |
274,759
-51,793
| -16% | -$5.17M |
|
|
LM
975
DELISTED
Legg Mason, Inc.
LM
| $30.1M | 0.01% |
716,994
+3,920
| +0.5% | +$154K |
|
Similar funds
Geode Capital Management's Q4 2017 Portfolio in Review
As of Q4 2017, Geode Capital Management held 4,142 positions worth $294B, up 8.7% from $271B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management's Q4 2017 filing shows 98 new, 2,556 increased, 827 reduced and 120 closed positions. Its largest new stake was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M. The largest sale was CR Bard Inc., an estimated $243M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q4 2017 buy was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M.
- Geode Capital Management added most to Apple in Q4 2017, an estimated $227M increase.
- Geode Capital Management's biggest Q4 2017 reduction was Goldman Sachs, cutting an estimated $23.7M.
- Geode Capital Management fully exited CR Bard Inc. in Q4 2017, selling an estimated $243M.
- Geode Capital Management's ten largest holdings make up 17% of its $294B portfolio in Q4 2017.
- Geode Capital Management opened 98 new positions and closed 120 in Q4 2017.
- Geode Capital Management's portfolio value rose 8.7% quarter-over-quarter to $294B.
Based on Geode Capital Management's 13F filing for Q4 2017, filed 13 Feb 2018.